Citigroup Downgrades EOG Resources to Neutral, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber has downgraded EOG Resources from Buy to Neutral and lowered the price target from $144 to $135.

October 23, 2023 | 11:24 am
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EOG Resources has been downgraded from Buy to Neutral by Citigroup, with a lowered price target of $135.
The downgrade from Buy to Neutral by Citigroup indicates a less optimistic outlook for EOG Resources. The lowered price target from $144 to $135 also suggests that the analyst sees less upside potential in the stock. This could potentially lead to a short-term negative impact on the stock price.
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